Gupshup raises $60 million from Globespan, EvolutionX; explores domicile shift for India IPO - MSN

Gupshup Secures $60M Funding, Considers India IPO Strategy Gupshup, a leading communications platform provider in India, has raised $60 million in funding from investors Globespan and EvolutionX. The investment signals the company's strong market position and growth potential in the CPaaS (Communications Platform as a Service) sector. As part of its strategic expansion, Gupshup is exploring a potential domicile shift to facilitate an initial public offering (IPO) in India. This move demonstrates the company's ambitions to strengthen its market presence and provide additional value to investors through a potential public listing.